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Apr 23, 2013
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deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health care law. the train wreck succombing not just because the -- the train wreck is coming not just because the health care law is unaffordable for families, it is unaffordable for taxpayers of this country. it fails to slow down washington spending, but it is also dishonest about how much of a budget buster his health care law will be. in fact, the administration has used a lot of smoke and mirrors to try to hide the true cost of the health care law. here's how the associated press put it. they ran an article titled "tracking obama's heal
deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health...
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Apr 24, 2013
04/13
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together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that primarily hurt low-income and middle-class americans while refusing to touch a single tax give-away to wealthy and well-connected special interests. senate democrats took a middle course. house republicans produced an extremist tea party wish list. in his own budget plan, president obama included some smart provisions like investments in infrastructure and the buffett rule for tax fairness. and i respect the president's outreach to a compromise with republicans, but i cannot support the cuts to social security benefits in his plan. it is simply wrong to place the burden of deficit reduction on s
together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that...
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Apr 18, 2013
04/13
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who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan bill in the house with peter king. to put forth a manchin-toomey compromise that failed, so sadly, in the senate last night. we are so disappointed. our sorrow was expressed so appropriately by president obama last night that i invited mike to join us here to tell you where we go from here and to answer the question that people are saying what can we do to change this. mike, would you speak -- thank you for your leadership. >> thank you, leader pelosi. it's a pleasure and honor to join you, to talk about and to answer any questions that you guys may have on gun violence prevention. -manchin amend
who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan...
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Apr 23, 2013
04/13
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it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1 came, sequestration came, people woke up the next day and said what's the big deal? well, we're finding out what the big deal is all about. we just heard from the budget of the f.a.a., the air traffic controllers, that because of sequestration they have little option, 85% of their proiption praitional budget is in personnel and air traffic controllers are most of the personnel. so therefore they've announced this have to furlough 11 days during the remainder of this fiscal year, and that comes out to about one furlough day over each work period. it's as much as a 10% reduc
it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1...
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Apr 18, 2013
04/13
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you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal employee benefits plan, federal health insurance plans so i said this is a democrat idea, this will be easy. i be easy. i will just go to john kerry and say let's use your idea and a friedel country but for senior citizens and let everybody of the federal employee health plan. i think the public would like it if they are still getting the same health plan is their congressman is and should be eminently sellable. similar to what paul ryan talks about give everybody the federal health employment plan. it saves 1 trillion over 10 years and actually according to our projec
you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal...
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Apr 18, 2013
04/13
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weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of sequestration. sequestration will have a major impact on military personnel. the pay of military personnel has been exempt it will ask them -- for troops including schools, military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues the measure drawdown of active duty and present and strength. we have in recent years given the department numerous force shaping authorities to allow us to reduce the debt strength in a responsible way, ensuring that the service maintains the proper enforcemen
weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of...
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Apr 18, 2013
04/13
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raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice president. this was probably a year and a half ago. and i told him precisely that, that i think we should be able to get people on pote sides of the equation -- on both sides of the equation just to, essentially, fix social security. medicare's a more difficult problem. it's $35-40 billion short, and these are problems that drive your deficit. everybody here knows this. two-thirds of the budget is entitlements. to we have another -- so we have another bill that fixes medicare. it's $35-40 trillion on the whole we do the same thing. we age the -- raise the age grawjally, we
raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice...
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Apr 19, 2013
04/13
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look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding $12.db $2.5 trillion head by the total public. .. >> future years covered by the budget control act. will we continue to see budget that is ignore provisions, ignore the sequester provisions? can you expect budgets like that to be sent to congress that don't reflect the law? secretary hagel? >> the fy15 budget we'll present
look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding...
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Apr 18, 2013
04/13
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as we tackle that deficit and . at said, when we hadpayroll tada deepesys of our rece the government did obligate itself to make up for the shortfall in the payroll tax revenues. and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. >> when the war began, congress came into session and july. it issued a statement that articulated the consensus war goals of the united states. it was very simple. very clear. the purpose of this war is to restore the union. to disrupt the social institutions of the south. and everybody knew what that meant. it meant not to disrupt slavery. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> saturday night at 8:00 eastern on c-span three. at the capitol today, cabinet secretaries and othersteng b qu, janet napolitano testified for a second
as we tackle that deficit and . at said, when we hadpayroll tada deepesys of our rece the government did obligate itself to make up for the shortfall in the payroll tax revenues. and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. >> when the war began, congress came into session and july. it...
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Apr 19, 2013
04/13
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we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues a major drawdown of active duty and reserve strength. we have in recent years given the department numinous force shaping authorities to allow it to reduce its strength in a responsible way ensuring that the services maintain the proper force mix and avoiding grade and occupational disparities, all of which have long term affect. if sequestration continues, the result would be ore pripitous foe structe that is ou of t the requirements of our defense strategy. sequestration ha
we can develop such a bipartisan plan perhaps in a so-called grand bargain we could devise a balance deficit reduction package for one year that avoids sequestration in fy 2014. we simply cannot continue to ignore the effect of sequestration. sequestration will have a major impact on military personnel. though the pay of military personnel has been exempted, the sequester would reduce military readiness in the services for the troops including schools for military children, family support...
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Apr 21, 2013
04/13
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gets away from that, we will work before the introduction to make sure it is deficit neutral. that is one of our bottom lines. thank you, everybody. >> senator chuck grassley is the ranking member. this is an hour and 40 minutes. >> the committee can come to order. for the delay. is a deal going on in massachusetts. i hope everybody can understand why the secretary of wonton amo will not be here. -- secretary will not be here. we will reschedule her testimony. she was saying how proud we are of the way that law enforcement .as responded i am distressed to hear an officer being killed. i see at least one person who runs marathons in the audience. my daughter and youngest son do. most marathons are a joyous occasion. the bipartisan proposal, we have established a path to citizenship for the 11 million undocumented immigrants in this country. it addresses the lengthy backlog in our immigration system. agricultural workers are in essential part of our communities and work so hard to provide our nations food supplies. it addresses the needs of our .aw enforcement community it impro
gets away from that, we will work before the introduction to make sure it is deficit neutral. that is one of our bottom lines. thank you, everybody. >> senator chuck grassley is the ranking member. this is an hour and 40 minutes. >> the committee can come to order. for the delay. is a deal going on in massachusetts. i hope everybody can understand why the secretary of wonton amo will not be here. -- secretary will not be here. we will reschedule her testimony. she was saying how...
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Apr 23, 2013
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it is deficit-reduction without a tax increase. i think it's the kind of deficit reduction that we can get bipartisan support for in the country. grow up all sorts of other issues. what about public education? public schools don't teach kids how to read english well and don't teach them american history. but that's a problem, then we need education reform. that is being worked on a state- by-state. that's a problem for kids born here as well as everybody else, in terms of the quality of education they're getting. what about the welfare system? 185 means-tested welfare programs. bill clinton worked with republican congress to reform aid to families with dependent children. we can make progress on the others as well, and reforming welfare is important and needs to be done. it saves money and keeps people from getting locked into welfare dependency. but none of those are arguments for getting in the way of immigration reform. then there's the question of entitlements medicare and get benefits because they are born, a question of immig
it is deficit-reduction without a tax increase. i think it's the kind of deficit reduction that we can get bipartisan support for in the country. grow up all sorts of other issues. what about public education? public schools don't teach kids how to read english well and don't teach them american history. but that's a problem, then we need education reform. that is being worked on a state- by-state. that's a problem for kids born here as well as everybody else, in terms of the quality of...
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Apr 19, 2013
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sorry, deficit-neutral. thank you, everybody. [applause] >> and it update on the manhunt for the suspect in the boston marathon bombings, overnight his brother was killed, also in mit officer was killed in a shootout. the younger brother is on the loose. and lockdown in the boston area. they were last seen in the water to an area just outside boston. and in his cover the short while ago, the police said the boston area continues on lockdown as they go house to house. they also plan -- a controlled explosion at a house in cambridge, massachusetts, some timeay. amtrak is suspending service between new york and boston. senior democrat associated press as on the house intelligence committeeay the to the st ng suspects had before they confronted police., there was a briefing earlier today. across our networks, we will keep you posted with the latest news and updates. we continue in about an hour in 10 minutes we will take you live to the state department. john kerry, whose brief this morning at the white house on the boston investigat
sorry, deficit-neutral. thank you, everybody. [applause] >> and it update on the manhunt for the suspect in the boston marathon bombings, overnight his brother was killed, also in mit officer was killed in a shootout. the younger brother is on the loose. and lockdown in the boston area. they were last seen in the water to an area just outside boston. and in his cover the short while ago, the police said the boston area continues on lockdown as they go house to house. they also plan -- a...
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Apr 22, 2013
04/13
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immigration and more immigration makes us a richer country not a poor country and ofps out on questions deficits and economic growth. from a center-right perspective and one of the groups with talk to in law enforcement as you go state to state, the austin chief of police is a big advocate of comprehensive -- when we were in indianapolis, same thing. we always talk to our police officers and to the guys with badges as well as the business community and religious community. thank you and thank you mr. chairman. around.l do the last i know it has been a long day for the witnesses. when the fbi was investigating travel, he did not find his trip to russia. they typed in his name incorrectly. our bill requires that travel exit data be base by swiping the passport. we are making sure it is machine-readable on exit. dhs says this would have helped the fbi in this case. do you agree? >> yes. absolutely. >> good. one example of many where we are tightening things up. that would have been relevant. now, i mentioned this to your previous witness from your group. i guess you are the second witness. you folk
immigration and more immigration makes us a richer country not a poor country and ofps out on questions deficits and economic growth. from a center-right perspective and one of the groups with talk to in law enforcement as you go state to state, the austin chief of police is a big advocate of comprehensive -- when we were in indianapolis, same thing. we always talk to our police officers and to the guys with badges as well as the business community and religious community. thank you and thank...
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Apr 18, 2013
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i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have implemented reforms and reduce cost. we deliver the maximum bang for the minimal manager of our citizens dollars. about one penny for our national security and global interests out of every dollar. you may give you examples of the kind of work you're doing to make the world safer. with just over $3.5 million, the bureau conflict and stabilization operations made investments leading up to the recent elections in kenya. i know that helped to prevent a repeat of the violence we saw five years ago it also provided accountability to concededodingd odin
i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have...
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Apr 16, 2013
04/13
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these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's weapons inventory and in keeping with the president's strategic guidance and sustaining the quality of the all-volunteer force. today's budget request contains a placeholder request, mr. chairman, for overseas contingency at the f.y. 2013 vel, and the submission does not include a formal request because afghanistan force levels and deployment decisions for this year were delayed in order to provide commanders enough time to fully assess requirements. we will be smithing a budget with the -- submitting a budget and account level detail. the base budget contin
these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's...
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Apr 22, 2013
04/13
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guest: number one is we are racking up near a trillion- dollar deficit every year. the company's debt to gdp ratio is a 73% and expected to get worse. one thing is to use this money to improve the country's financial position. interestingly, in his budget, and in discussions and rhetoric, there are also tax breaks for multiple other industries include the alternative energy industry which he included in his 2013 budget to continue to provide support for that industry. a portion could be used to subsidize or provide tax expenditures for that. host: are taking your calls as we discussed oil and tax breaks. the fault numbers are on your screen -- -- the phone numbers are on your screen -- we will go to st. louis, missouri. caller: hello? we have seen time and time again that when we raise taxes on corporations, it is not just raising taxes on the corporations because it is often passed on to the american people with an increase of the price of the commodity. what are your thoughts that if we go aohis, we see the price of gasoline go even higher? guest: i have done some
guest: number one is we are racking up near a trillion- dollar deficit every year. the company's debt to gdp ratio is a 73% and expected to get worse. one thing is to use this money to improve the country's financial position. interestingly, in his budget, and in discussions and rhetoric, there are also tax breaks for multiple other industries include the alternative energy industry which he included in his 2013 budget to continue to provide support for that industry. a portion could be used to...
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Apr 18, 2013
04/13
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health care, taxes, deficit. we can talk about his leadership. the president can only run this country when he is dealing with leaders. we know these are not leaders now. they are cowards and selfishness and they have lack of leadership that that put us in this position now where they voted against something that 90% of the country supports, first of all. they voted against something that is right for our country and right for our society. and might make our society just a little bit safer. but they voted no. because they are cowards. and they put themselves in a category that, quite frankly, and i hate to see this, but put the themselves in a category that helps people like this, al qaeda terrorists. take a look. >> in the west, you've got a lot at your disposal. let's take america as an example. america is absolutely a wash with easily obtainable firearms. can you go down to a gun show at the local convention center and come away with a fully automatic assault rifle, without a background check, and, most likely without having to show an identif
health care, taxes, deficit. we can talk about his leadership. the president can only run this country when he is dealing with leaders. we know these are not leaders now. they are cowards and selfishness and they have lack of leadership that that put us in this position now where they voted against something that 90% of the country supports, first of all. they voted against something that is right for our country and right for our society. and might make our society just a little bit safer. but...
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Apr 23, 2013
04/13
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the president's forward a balanced plan that would replace sequester and reduce our deficit while making the investments that are necessary to have our economy grow and create jobs, protect the middle class and protect seniors and the president is engaged in a process with lawmakers where he is trying to find common ground to see if common ground exists with republicans around the basic principal -- principle we need to reduce the deficit in a balanced way. he has put forward a plan that would to that and eliminate the sequester in the process. when it comes to these delays, congress has to act in order to avert delays. >> senator moran says the fact that you're not asking for the ability to prioritize spending under the f.a.a. suggests you want -- you want the sequester to inflict -- >> that's -- since we did everything we could to avert the sequester and unfortunately republicans decided as a political matter that it was a home run for them to inflict this upon the american people, i think that suggestion just doesn't hold water. secondly, the f.a.a. did take action, all the act it cou
the president's forward a balanced plan that would replace sequester and reduce our deficit while making the investments that are necessary to have our economy grow and create jobs, protect the middle class and protect seniors and the president is engaged in a process with lawmakers where he is trying to find common ground to see if common ground exists with republicans around the basic principal -- principle we need to reduce the deficit in a balanced way. he has put forward a plan that would...
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Apr 20, 2013
04/13
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it would over 10 years increased deficit by about $18 billion. it doesn't tell like a lot now but there are things to remember about the $18 billion. since that time, many of the things that were policy , there has been spending on that about half of what the cbo expected would be needed during those comparable policy objectives now maybe cheaper and generate less and the way of spending. is that thehing cbo did not use a dynamic scoring. you did not take into account the potential economic growth affects. the last piece of what is ,appened is since that score congress has passed and the president has assign the affordable care act. my reading of this legislation is is a bipartisan commitment that those who would become registered provisional immigrants who are here illegally, would not be eligible 10,benefits not for probably not for 15. so there will not be a budgetary impact. over the longer term, there is something congress should keep on and terms of the budgetary outlook. i would be happy to discuss with you the impact of the bill in that r
it would over 10 years increased deficit by about $18 billion. it doesn't tell like a lot now but there are things to remember about the $18 billion. since that time, many of the things that were policy , there has been spending on that about half of what the cbo expected would be needed during those comparable policy objectives now maybe cheaper and generate less and the way of spending. is that thehing cbo did not use a dynamic scoring. you did not take into account the potential economic...
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Apr 18, 2013
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the deficit is coming down. >> i want to get your opinion on one other subject, which is this debate going on the last day on your world of economists and whether the original survey or study was accurate. do you have a view on that, mr. liesman. >> i think i did the first interview with row goff at this conference four, five, six years ago when he first came out with the paper. i always thought the 90% threshold concept was bunk. and i'll tell you why. >> just explain to the viewers what the threshold was. >> this was a threshold above which their paper suggested that you would have lower potential growth. and the controversy is that some guys went back and looked at their spreadsheet and found they didn't do the right formulas in the spreadsheet. so the number is actually positi positive, not negative. the debt capacity of greece and averaging it with the debt capacity of the united states, and coming up with a single number that applies to the united states, to me that was bunk to begin with. it takes time after a financial crisis to come back. that's empirical. it's in the data.
the deficit is coming down. >> i want to get your opinion on one other subject, which is this debate going on the last day on your world of economists and whether the original survey or study was accurate. do you have a view on that, mr. liesman. >> i think i did the first interview with row goff at this conference four, five, six years ago when he first came out with the paper. i always thought the 90% threshold concept was bunk. and i'll tell you why. >> just explain to the...
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Apr 17, 2013
04/13
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raisingle sort of taxes, revenues, don't worry about deficits. she was the housewife adding up the public book in her handbook -- and her handbags. she was much more cautious than reagan and economic policies. host: republican caller. caller: i'm from manchester, england. i grew up in los angeles. but i frequently visit my relatives in england during -- in englad. -- in england. in the early 1980's him i was talking to my cousins, and they really hated margaret thatcher because they thought she was a direct threat to their own livelihood. they were prounion, labour party, and they believed thatcher was going to take away their jobs, their home, their education. , and there two years ago the same cousins still hate thatcher. they blame her for all of england's economic woes, the breakup of the uk. that if it feel wasn't for the government, for socialism, they would have nothing. these people are physicians and actuaries, they are well educated. came from working classes in manchester. they cannot seem to pull away from the belief that if it wasn't
raisingle sort of taxes, revenues, don't worry about deficits. she was the housewife adding up the public book in her handbook -- and her handbags. she was much more cautious than reagan and economic policies. host: republican caller. caller: i'm from manchester, england. i grew up in los angeles. but i frequently visit my relatives in england during -- in englad. -- in england. in the early 1980's him i was talking to my cousins, and they really hated margaret thatcher because they thought she...
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these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the military's aging weapons inventory in keeping with the president's strategic guidance, and sustaining the quality of the all-volunteer force. the top-line budget request of $526.6 billion for fy 2014 is essentially flat compared to the president's request for fy 2013, and roughly in line with what both the house and senate have passed in their fy 2014 budget resolutions. today's budget request also contains a placeholder request for overseas contingency operations (oco) at the fy 2013 level ($88.5 billion). the submission does not include a formal oco request becau
these cuts are part of a balanced package of deficit reduction. unlike sequester, these cuts are largely back-loaded -- occurring mainly in the years beyond fy 2018 -- which gives the department time to plan and implement the reductions wisely, and responsibly, anchored by the president's defense strategic guidance. the president's fy 2014 request continues to balance the compelling demands of supporting troops still very much at war in afghanistan, protecting readiness, modernizing the...